CONTACT
Please reach out to Damien Nguyen at 929-581-2196 or damien@carwashadvisory.com for more information.
OVERVIEW
This opportunity represents an efficient IBA and Self-Serve location with strong brand recognition and operations in its respective area.
SITE
The site sits on a 0.40-acre lot and shares an agreement with the owner of a gas station next door, generating a percentage of sales with each pump that includes a wash.
FACILITY AND EQUIPMENT
Approximately $50,000 in capital expenditures have been invested in this location over the past 3 years. Crypto pay is set up for each self-serve bay, Wash Clubs & App for the automatic.
PERSONNEL AND SETUP
Only 1 Full-Time employee is needed to maintain the operations of this site.
FINANCIALS
The wash incurs high EBITDA margins and year over year revenue growth due to its lean business operations. 2022 garnered $328K in revenue whereas 2023 is projected to produce $406K in revenue.
FINANCING
Financing is available in the ways of conventional bank financing and SBA financing.
